re: why i bought nab - copydog Re: Every bull runs out of puff and the banks are past
their use-by.
Then I guess that banks will be similar to utilities.
That means the 20% coverage of the AllOrds that they occupy will need to be reallocated - perhaps to ?? Mul or to ?? who knows. Otherwise that AllOrds will be past its use by date and remain flat for the next x years.
That means that when NCP moves offshore the $8bn in funds will flow to NLX (I hope).
Perhaps the Australian Stock Exchange will become dominated by resources as it was in the 1960s when MIM ruled the roost. Except all major miners are now offshore.
Hanrahan I think that you are wrong - banks will reinvent themselves and position themselves for growth.
re: why i bought nab - copydog Re: Every bull runs out of puff...
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Last
$36.98 |
Change
-0.150(0.40%) |
Mkt cap ! $113.6B | |||
| Open | High | Low | Value | Volume |
| $36.92 | $37.25 | $36.76 | $122.4M | 3.308M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11837 | $36.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.00 | 7954 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| NAB (ASX) Chart |